Baracks self assesment

I watched and listened to every breath, Us Demmy's think alike, i feel like i wrote his speech   lol
lotta glue on those righties asses, come on, this is your president quit the division, from this point forward, unless he is the messiah, he aint bull***************ting, he gets my vote, he said what i wanted to hear and he will act, im not listening to the garbage you guys spew about him. he is there to help the country not the party.
whatever you guys puke out....he wants to get this country back on track.
i swear, he must be reading this topic and listening to the common folk

I watched the speech also. He sounded like he was running against the incumbent. Many of the points he made were valid. What I dont get is why didn't he make this speech the day after the inauguration. The fact is he has been in charge for 3 years and 2 of them he had FULL control. What does he have to show for it? Are we better off now? I dont understand the Democratic point of view. What he says is not in line with what he does.

eric lavine wrote: I watched and listened to every breath, Us Demmy's think alike, i feel like i wrote his speech   lol lotta glue on those righties asses, come on, this is your president quit the division, from this point forward, unless he is the messiah, he aint bull***************ting, he gets my vote, he said what i wanted to hear and he will act, im not listening to the garbage you guys spew about him. he is there to help the country not the party. whatever you guys puke out....he wants to get this country back on track. i swear, he must be reading this topic and listening to the common folk

He has made things WORSE in every category eric. And has had over 3 yrs to fix it??

I didn't get involved here because I thought the thread was a study of military housing (barracks self assessment).
The presidents name is Barack.
In light of Romney's tax return I found it timely to repost this, originally posted months ago. It was not generosity that caused him to donate that money, he had to make those donations to keep his tax rate at 15%

You see, if you live on a small pension, such as a retirement person, your limited income can put you in a 15% tax bracket, especially if you can offset it with some deductions such as interest, medical costs, donations, whatever. Then long term capitol gains, (over one year), at least up to a point, are not taxed as income. The $350,000 level falls into this non taxable income level. This is partially why compensation in stock rather than cash is so attractive. If you have very little declared income you can reach that 15% bracket and spend your wealth as you please without federal tax. I am not a tax expert, but I am able to hire one to do my taxes. Generally, the more money you have the lower tax rate you have if you plan well.

1+ for fair share

john b wrote: WOW, That Newt guy must be utterly stupid. How could he be so ignorant to pay $994,000 in federal income tax on an income of only $3,142,000. That's 31%. What a moron! If he was smart he would hold a large sum of money in Swiss bank accounts, luxembourg, and the Caymen Islands like Mutton Head, ($6,000,000, 20% of his income to avoid US income tax), he could have paid only $349,000. After all it is perfectly fair for Newt to pay $994,000 on $3,000,000 when the Mutton Head across the podium is paying $3,000,000 on $27,000,000. Lets all send in 13.9% of our adjusted gross income to the IRS this year and call it fair. I'm sure the IRS will see it our way, as long as we hire former IRS Commissioner Fred Goldberg and pay him to lobby for our tax breaks like Mutton Head did. BTW AAPL is up $26.25 today. I just may have to cash in a little for the Mustang project. I could probably afford to trade up from a 2004 Saturn Ion to a 2005 model too. That is the year they started putting Ipod jacks in the radio and I would enjoy that feature. I may as well since I won't have to pay taxes on that money anyway (under 15% rate myself). I hope all of you working your fingers to the bone to get ahead won't mind paying my share. From my viewpoint it may not look fair, but it sure looks good! Just kidding on trading up to an 05 Ion, I like my car just fine!

ononewheel wrote: Dave, if you focused half of the energy you spend on hating Obama, on the crap you spew here, you might actually get some traction with your arguments. There was no disrespect meant with that statement, but yours is so misleading, and you know it. Unfortunately, skicat and some others just follow your easy explanations. Maybe, just maybe, do you think the fact Obama has deported more illegals than ever before has something to do with the lower illegal numbers. Or that Americans are finally seeing what the illegal population does to working Americans. With your explanation above, we should have MORE illegals here now because of the ease of getting food stamps, and the high salary this equates too in your mind. Never mind there are more whites on benefits than any other racial group. Oil consumption is down by your statement, this could have nothing to do with Americans becoming aware of the dangers of oil, or new energy standards, or maybe even the "cash for clunker" program which got some serious crap off the roads? Even if I was broke, I'd find cash for my gas tank to drive, or to fill the boat for the weekend. I don't know man, I could give a damn less who is in the white house, or any other place in Washington for that matter but standing behind the hate machine and not getting behind a solution might just land the obstructionists, like yourself, in a very bad political position. Seth, "crap I spew" came from recent AP news articles, One about oil imports, the other about immigration. Both attributing the changes due to habits affected by the economy. I read another on yesterday about Illegal Immigrants returning home disappointed from the US. Although it did not site numbers and it seemed more anecdotal.

Seth, "crap I spew" came from recent AP news articles, One about oil imports, the other about immigration. Both attributing the changes due to habits affected by the economy. I read another on yesterday about Illegal Immigrants returning home disappointed from the US. Although it did not site numbers and it seemed more anecdotal.

I believe most Illegals come here to work, and are finding fewer Americans have the resources to hire them and more and more Americans are willing tho do the the "jobs that Americans just wont do". I know in my industry there are many on unemployment who work for cash on the side to supplement their families income. I don't agree with it, but it is prevalent, and has to be cutting into the market for illegals.

As far as hate, I hate it when someone looks me in the eye, (even when its through a teleprompter) and feeds me bull$#!%. His speech was not written, by his political staff, It was written by his campaign staff. It does not take a rocket scientist to see through his rhetoric. He talked about energy independence a week after he blocked a new pipeline. He talked about opening up new natural gas wells, but increasing the regulations on drilling for it. He talked about reducing government but recommended at least three new government organizations (I lost count)He talked of the millions of jobs he has created, despite the fact that the economy has at least 1 million fewer jobs that it had we had to spend the stimulus that would keep unemployment from going over 8% (Remember that? A lot of us still do). I do not hate Barack, I do hate incompetence/ ineffectiveness in my president, no mater how slickly it is packaged.

john b wrote: I didn't get involved here because I thought the thread was a study of military housing (barracks self assessment). The presidents name is Barack.

Sorry apparently spell check sees him as a one term president that everyone will then wish to forget, and thus unworthy of being in the spell check dictionary!

john b wrote: Come on, don't you ever laugh?

John, It is hard to gauge things over the internet, I was giggling like a school girl as I wrote that. I should have used one of these .

eric lavine wrote: the 15% creates a burden. moeny sitting in accounts does not help anyone

I thought that money invested in the stock market helped keep the economy moving?

I dont understand why people get so up in arms about the "rich" paying a low tax rate on interest/investment income. They already paid a hefty income tax on it (based on their income tax bracket) when they earned it the first time, right? We're already double taxing it... isnt that enough?

Im no tax expert... so if Im way off base, someone please explain it to me.

eric lavine wrote: the gap on the rich's taxes does add to the deficit, that other 3 million in taxes could employ 60 people for one year, those 60 would also pay an income tax and so and so on.....quit feeling sorry for the rich. the 15% creates a burden. moeny sitting in accounts does not help anyone

Eric, that is like saying fluid sitting in the bottom of a transmission does not help it. But it is very useful as soon as you circulate it. It is what drives our economy. Very seldom does the money sit, only in uncertain times, like when a president wants to change everything at once.

Eric, how many lifetimes would the average person have to live until they paid $3M in taxes? Romney paid it in one year.

John B, Romney only gave to charity to get a break on his taxes? How do you know that? If you give to charity, don't you take that deduction? If you're in the 15% tax bracket and give a $1000, you're still out $850, so it's not like your coming out ahead by giving. People give because they want to for persoanl reasons.

If you and "the rich" won't invest any more, what do you suspect they will do with their money? Maybe they will stack it in their attic or garage. How about an extra thick mattress? That will show those meanies who rained on their garden party! They can all say "I'll show you, if you make me pay my share, I just won't invest in anything and I will quit making money".
Tell me, how can you have a lot of money and not invest it? What do you do with it.? Where do you keep $21,000,000 that comes to you every year if you don't invest it?
It sounds to me like you lack a basic understanding of finance.

There are a number of Tax Free investments out there that just do not
pay great returns. These investments are other than those on Wall Street. Some are overseas.
If Capital Gains goes to 25% or above, not worth the gamble on GM coming back anymore in my opinion.
I will take my smaller return that has less risk with less or no Tax.
I know that my little bit of retirement investments will not change the
plan, but there will be others that make the same decision.

Capital Gains was reduced to 15% for a reason. To interest investment
from more than just the rich. It is called incentive. Lots of investment from 401Ks out there. Obama found this out when he did not care about Wall Street tanking early in his term. He thought only the rich were being hammered until the public started giving a voice.

john b wrote: Thank you for making my point. According to your response you would still invest.

I will invest but I will do so to pay equal or less than the current 15% I happily pay today.

25%+ is too much off the top for the risk. I have never liked the limited $3000 per year loss write offs.

I think that they should tax all Pensions and Health Care Plans 50% because I get neither. That would be a fair tax to me......

I read somewhere that IL. is now deeper in depth than they were when they raised taxes. I keep tabs on Villa Park as I lived there from 86 to 90. Nice little town.